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With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis? Go to Source Powered by WPeMatico
SVB’s epic failure occurred “at a bank that happened to deal with crypto customers” but “was not a crypto-induced problem,” said Mick Mulvaney. Go to Source Powered by WPeMatico
The crypto exchange claimed that none of its listed assets were considered securities, and any potential targeting of its wallet was based on a “misunderstanding” by SEC officials. Go to Source Powered by WPeMatico
Among the celebrities who settled with the SEC for their alleged role in promoting TRX and BTT were actress Lindsay Lohan, YouTuber Jake Paul, and singer Akon. Go to Source Powered by WPeMatico
Should they opt in to the deal, Celsius customers cannot “pursue any litigation, including seeking relief from the automatic stay, turnover, or other claims or causes of action.” Go to Source Powered by WPeMatico
The Lone Star State is already home to many crypto and blockchain firms as well as miners taking advantage of the regulatory-friendly environment. Go to Source Powered by WPeMatico
The lawsuit claimed FTX Digital Markets was an “economic nullity” within the FTX Group “created as a front to facilitate a conspiracy to defraud the Debtors’ customers”. Go to Source Powered by WPeMatico
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble. The legislation amends various other acts to introduce definitions and establish procedures related to the launch of the central bank digital currency. Russian State Duma Passes Digital Ruble Draft Law on First Reading The lower … Read more
The organization representing Russia’s crypto sector has asked the government in Moscow to clarify a proposal to introduce criminal liability for “gray” miners. The draft legislation seeks to punish those who fail to report their income to the state and share information about their digital assets. Crypto Companies in Russia Want to Take Part in … Read more
Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank, and Silvergate Bank on markets in its jurisdictions. Go to Source Powered by WPeMatico